Brief: Deutz Q1 Consolidated Revenue Grew To Around EUR 517 Mln

Deutz AG

27/04/2023 06:52

April 27 (Reuters) - DEUTZ AG  DEZG.DE :
    * DEUTZ REFINES FULL-YEAR 2023 GUIDANCE AFTER BETTER THAN
EXPECTED
START INTO THE YEAR
    * Q1 CONSOLIDATED REVENUE GREW BY 15.5 % TO AROUND EUR 517
MILLION
(Q1 2022: EUR 447.9 MILLION)
    * NOW EXPECTS THAT ITS RESULTS FOR 2023 WILL BE AT UPPER END
OF
MOST RECENTLY ISSUED FORECAST RANGES
    * SIGNIFICANT INCREASE IN PROFITABILITY IS DUE TO ECONOMIES
OF
SCALE, POSITIVE MIX EFFECTS AND MARKET-ORIENTED PRICING

Source text for Eikon:  ID:nEQZfjYMa 
Further company coverage:  DEZG.DE 

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